China Trade Surplus Widens to $31.7 Billion in June

First Published Tuesday, 10th July 2012 02:25 am - © 2012 Dow Jones


BEIJING--China's trade surplus widened to $31.7 billion in June from $18.7 billion in May, data from the General Administration of Customs showed Tuesday.

The median forecast in a Dow Jones Newswires survey of 10 economists was for a $24.4 billion surplus.

Exports rose 11.3% in June from a year earlier, beating economists' expectations for a 9.0% increase. Exports rose 15.3% in May.

Imports rose 6.3%, compared with an expected 10.4% rise and May's 12.7% increase.

Write to China Bureau at djnews.beijing@dowjones.com

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